Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

UAE- Ministry to target groceries' that feed on big retailers  Join our daily free Newsletter

MENAFN - Khaleej Times - 03/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Shops basket items at ramadan prices sell them at higher prices

the inspection campaign will begin at groceries in abu dhabi before the holy month of ramadan and then be extended to other emirates. — kt file photo used only for illustrative purpose

the consumer protection department at the ministry of economy is planning to carry out inspections at groceries in abu dhabi first and in other emirates later to ensure that they are not buying commodities from big retail chains at discounted rates and selling them at higher prices ahead of the holy month of ramadan.

the inspectors would check the receipts the groceries have for purchasing foodstuff and other goods which they are selling and the prices they charge from consumers.

the step is in view of complaints that certain groceries buy a large quantity of goods from big outlets which offer special prices during occasions like ramadan. sometimes the prices charged by groceries are twice the same at big retailers.

dr hashim al nuaimi director of the consumer protection department said they decided to launch inspections across groceries after receiving complaints from sale outlets and retail chains blaming groceries of buying foodstuffs and other edible items sold at discounted prices and sell them to consumers at higher prices. the ministry and trading centres together have laid down a plan to confront such malpractices so that consumers could make maximum use of the ramadan offers.

according to the plan the ministry’s inspection teams would check the bills and receipts to make sure that the groceries have bought the items directly from their authorised suppliers not from other retail outlets.

the inspection teams would also make surprise visits to groceries during ramadan. “any grocery caught flouting this rule would be slapped with a fine ranging from dh5000 to dh100000” al nuaimi confirmed.

“such malpractices harm the interests of both consumers and big retailers which spend millions of dirhams to procure these items and offer them at affordable prices to consumers.”

the department has identified 15 major items which are sold at higher prices by groceries after getting them from big outlets and cooperative societies at cheaper rates sometimes up to 30-40 per cent during ramadan. these include milk edible oil sugar tea detergents vimto (juice) and raisins.

al nuaimi assured consumers that the market has sufficient goods and advised them not to hurry to stash them up for ramadan.

he called upon consumers to dial the ministry’s contact number 600522225 if they want to complain about price hikes and selling of expired goods.

news?khaleejtimes.com


 






  MENA News Headlines
 Jul 31 2014 - Air Algerie's plane crashesMENAFN
(MENAFN) A senior official said that the Air Algerie flight that crashed in Mali last week appears to have plummeted to the ground from an altitude of 10,000 meters in just a few minutes after flying ...

 Jul 31 2014 - Dubai's Damac eyes listing shares in Dubai bourseMENAFN
(MENAFN) Dubai luxury property developer Damac is trying to attract investors to invest in converting its Global Depositary Receipts (GDRs), listed on the London bourse, into ordinary shares that ...

 Jul 31 2014 - 'Nearly 100 casualties' in Xinjiang violenceArab News
(MENAFN - Arab News) IJING: A clash in Xinjiang home to China's mostly Muslim Uighur minority left nearly 100 people dead or wounded an exile group said Wednesday after what authorities called a ...

 Jul 31 2014 - Aquino seeks to quash rumors of military coupArab News
(MENAFN - Arab News) NILA: Philippine President Benigno Aquino sought Wednesday to quash rumors that a coup is being plotted against him with his spokesman insisting he had the military's full ...

 Jul 31 2014 - Kerry in New Delhi to reboot ties with ModiArab News
(MENAFN - Arab News) W DELHI: US Secretary of State John Kerry flew into India on Wednesday for ice-breaking talks with new Prime Minister Narendra Modi forecasting a transformation in Washington's ...

 Jul 31 2014 - UK bankers' bonus: Tough rules on wayArab News
(MENAFN - Arab News) NDON: British banks will be able to claw back employee bonuses up to seven years later if the recipient is found guilty of serious recklessness the Bank of England ...

 Jul 31 2014 - Amazon to invest 2bn to expand in IndiaArab News
(MENAFN - Arab News) MBAI: The world's largest online retailer is facing off in India against a new name in e-commerce that was founded by former Amazon employees.Amazon.com Inc. said it will invest ...

 Jul 31 2014 - Mobily Wajid offers free lines to family membersArab News
(MENAFN - Arab News) Bily continues to provide its extraordinary offer to the new subscribers of Wajid that provides discounts and privileges to all family members.The new Wajid Extra and Plus ...

 Jul 31 2014 - Wife of BIS official dies in road crashArab News
(MENAFN - Arab News) E wife of a member of the governing board at the Bangladesh International School (BIS) in Jeddah was killed in a road accident on Tuesday the second day of Eid Al-Fitr.Nasima ...

 Jul 31 2014 - Indian Eid program toned down in solidarity with GazansArab News
(MENAFN - Arab News) Extensive yearly Indian community Eid program was reduced to a simple get-together ceremony on Monday night in solidarity with the victims of Gaza.Indian expatriates condemned ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help